Tempest Minerals

Yalgoo Update: Extensional Geochem Survey Completed at Remorse

Tempest Minerals Ltd (TEM) is pleased to announce the completion of an extensional geochemistry sampling at the Remorse Target. An untested but previously tenement-constrained area to the south of the main copper anomaly has now been sampled. This area was identified as a high-priority task within ongoing fieldwork leading up to a major drill program at the Remorse Target.


Key Points

  • >4km Remorse Copper Anomaly area open to the south now sampled
  • Ultrafine assays and multi-sensor scanning results due in July 2024
  • Ongoing fieldwork in the leadup to drilling

Yalgoo Project

Background

TEM holds more than 1,000km2 1 of highly prospective tenure in the Yalgoo Region of Western Australia 2. The Company previously announced the presence of large-scale copper zinc anomalies at the Remorse Target 3 that the Company is progressing towards drilling 4. The sampling area is one of a number of exploration targets and extensional geochem survey areas that previously became apparent 5 as a result of exploration works and were subsequently acquired in 2023 6.

Sampling

As part of ongoing fieldwork, approximately 80 soil samples were collected in an offset pattern to match existing surrounding sampling.

Samples will be Ultrafine assayed in conjunction with comprehensive scanning using Boxscan technology.

Assays are expected to be returned by July 2024 and integrated into the greater dataset in addition to drilling.

Next Steps

  • Labwest Ultrafine assays of the collected samples
  • Return of assays expected by July 2024
  • Ongoing fieldwork in Yalgoo in preparation for drilling at Remorse


Click here for the full ASX Release

This article includes content from Tempest Minerals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

The Conversation (0)
Tempest Minerals

Tempest Minerals

A diverse portfolio of projects in Western Australia that are prospective for precious, base and energy metals in addition to iron ore.

A diverse portfolio of projects in Western Australia that are prospective for precious, base and energy metals in addition to iron ore. Keep Reading...
Golden baseball with red stitches on a shiny gold background.

Gold’s Long Game: New Orleans Panelists See More Upside Ahead

During the Mining Share Panel at the New Orleans Investment Conference, participants underscored that the gold bull market will continue — however, just where we are in that bull run was up for debate. For conference host and Gold Newsletter editor Brien Lundin, there is still some way to go.... Keep Reading...
US flag overlaying a dollar bill.

Editor's Picks: Gold and Silver Prices Rise as Government Shutdown Ends, Then Pull Back

The gold price was back in action this week, breaking above the US$4,200 per ounce level after spending about two weeks trading at lower price points.Silver was on the rise again as well, pushing briefly past US$54 per ounce.Both precious metals saw their biggest gains midway through the week as... Keep Reading...
Mike Maloney, gold and silver bars.

Mike Maloney: Gold, Silver Bull Run in Final Phase, I Expect "Spectacular" Prices

Mike Maloney, founder of GoldSilver.com, explains why this time really is different for gold and silver, pointing to factors including growing mainstream adoption. "This to me signals the beginning of the third and final phase of the bull market — and that is where you have the greatest amount... Keep Reading...
Dana Samuelson, silver bars.

Dana Samuelson: Gold, Silver in Global Bank Run, Prices on Hair Trigger

Dana Samuelson, president of American Gold Exchange, discusses this year's unusual market dynamics for gold and silver, saying there have been three big moves of physical metal. "To me, this is literally a run on the bank of gold globally — it's global, it's widespread and it's deep, and I don't... Keep Reading...
Canadian Gold Resources (TSXV:CAN)

Canadian Gold Resources to Expand Maiden Diamond Drill Program & Provides Update on Bulk Sampling Program at Lac Arsenault, LIFE Offering Update; Disclosure Corrections

Canadian Gold Resources Ltd. (TSXV: CAN) ("Canadian Gold" or the "Company") provides an operational update regarding its maiden diamond drill program and the planned 5,000-tonne bulk sampling program at the 100%-owned Lac Arsenault Project in Québec's Gaspé Peninsula, as well as recent changes... Keep Reading...
Wooden blocks spelling "value added tax."

China’s Gold Market Enters Turbulent Transition as New VAT Rules Take Effect

China’s gold industry is entering a period of rapid adjustment after Beijing implemented a major overhaul of value-added tax (VAT) rules on physical gold. The reform, which took effect on the first of November run through December 31, 2027, ending the long-standing practice of allowing full tax... Keep Reading...

Latest Press Releases

Related News